Wednesday, April 05, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 5 April 2017

  • We expect Soybean prices to trade higher on expectation of lower
    level buying and good crushing demand. While the prices of Ref Soy oil and CPO may trade sideways to higher on good domestic demand but adequate supplies and cheap imports may pressurize prices. Moreover, government open to bulk exports of edible oil may support prices in the domestic market.
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